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Oracle 1Z0-1053-21 Exam Syllabus Topics:
| Section | Weight | Objectives |
| Reporting and Integration | 20% | - Analytics and Dashboards
- Integration with HCM Cloud
- Standard Benefits Reports
- Security and Access Configuration
|
| Administering Benefits | 20% | - Benefits Administration Tasks
- Billing and Court Order Processing
- Rates, Coverage, and Flex Credits
- Benefits Extract and Data Transmission
|
| Benefits Enrollment Management | 25% | - Collapsing Rules and Event Processing
- Dependent and Beneficiary Setup
- Self-Service Enrollment Display
- Scheduled and Open Enrollment
|
| Configuring Benefits | 35% | - Plan and Program Configuration
- Life Events and Enrollment Setup
- Eligibility Profiles and Derived Factors
- Introduction to Oracle Benefits Cloud
|
Oracle Benefits Cloud 2021 Implementation Essentials Sample Questions:
1. Which statement about Waive options is true?
A) Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
B) Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
C) Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
D) Waive options are options which do not require any dependent/beneficiary designation.
2. This is the configuration of a collapsing life event rule:
Life event =Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?
A) The collapsing rule runs the Dependent event, evaluates the Marriage event,and assigns its occurred date to August 1, 2015.
B) The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.
C) The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
D) The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
3. Your customer wants to run a report which displays, by participant, a choice list of programs, plans, and options in which the participant may elect to enroll, as well as areas for the participant to designate dependents and beneficiaries.
How do you accomplish thisrequirement?
A) Run the Person Enrollment Summary Report from the Enrollment work area.
B) Run the Enrollment Kit Report from the Benefits Enrollment work area.
C) Run the Person Enrollment Summary Report from Benefits Self Service.
D) Run the EnrollmentKit Report from Benefits Self-Service.
E) Run the Real Time Analysis: Participant Enrollment Results from the Reports and Analytics work area.
4. When you add an open scheduled event to a program of plans not in the program, what is the significance or the Assigned Life Event Date?
A) It is the first day of the open enrollment period.
B) It is the effective date of the open event and the date on which eligibilityis evaluated.
C) It Is the last day of the open enrollment period.
D) It is the date on which default benefits assignments are made.
5. Which three are correct methods by which enrollment results can be created and made available for viewing?
A) after the Evaluate Life Events batch process is completed successfully
B) when a default enrollment is processed
C) when Enrollment Authorizations are accepted by the participant as a part of self-service enrollment
D) after the Close Enrollment process hascompleted
E) when an electable choice is saved as a part of self-service enrollment
Solutions:
Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: A,C,E |